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<p>[QUOTE=&quot;Inquisitive, post: 733506, member: 20698&quot;]Sunday, I went to my first coin show (small) in Melville NY.</p><p>&nbsp;</p><p>Since I was able to get 11.7X for 90% &amp; 4.4X for 40%, I completely sold out my Kennedy silver. I also sold the 3 2$ bills from this post </p><p><a href="http://www.cointalk.com/t77212/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t77212/">http://www.cointalk.com/t77212/</a></p><p>for 60$ (a 50$ bill &amp; a 1934A federal reserve note which I saved (thank you to Carl)), giving me (for my mostly self-sustaining collection) enough to warrant the purchase of my first modern commemorative 5$ coin.</p><p>&nbsp;</p><p>I also picked up some silver halves (41 walker &amp; 64 Kennedy) below melt in a 50% off box, and my first standing liberty quarter (29).</p><p>&nbsp;</p><p>What I learned:</p><p>&nbsp;</p><p>1: You never know what things are worth, and what will sell. I never expected 4.4X for the 40% (highest I have ever gotten is 3X), and I also was surprised with the 2$ bills. I also had some Walkers that I thought might go for more than melt, as well as some Ikes, but since they (the Walkers) were lower grade, no one was interested. As for the Ikes, dealers I spoke to said they could not sell them, so why buy them? (a good point)</p><p>&nbsp;</p><p>2: Its hard to buy specific date common low grade coins. I wanted to get a 64D and 70D for my cardboard Whitman album, but the coins were only offered in BU, which was too much for what I wanted them for.</p><p>&nbsp;</p><p>3: Its easy to buy general common low grade coins.</p><p>&nbsp;</p><p>4: Most of the &quot;general&quot; coin dealers will be happy to talk with you, even if you don&#039;t buy/sell anything. They will also point you in the direction you want to go if they can not help you.</p><p>&nbsp;</p><p>5: Since I know nothing about grading, I&#039;m best off buying what I like and/or what I know is worth what I pay for it, rather than risk overpaying for a low grade coin.</p><p>&nbsp;</p><p>6: Prices are <font face="Times New Roman"><font face="Verdana"><font size="2">negotiable if you are buying something that is not in high demand/high circulation. There was only one dealer selling modern 5$ coins in the original packaging, yet I was still able to bargin down by waiting and circulating. However, cull/low grade Morgans were &quot;bought @14, sold @15&quot; no matter who you went to.</font></font></font></p><p>&nbsp;</p><p><font face="Times New Roman"><font face="Verdana"><font size="2">7: If there is a croud around a table, they may have something to offer. The busiest table was not selling any coins, but buying silver at the highest prices at the show (much higher than other offers). </font></font></font></p><p>&nbsp;</p><p>&nbsp;</p><p>I would like feedback from the CT community so I can learn from my experience. I have also posted pictures of the 5$ gold &amp; the 10$ bill.[/QUOTE]</p><p><br /></p>

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